Billy Wants It All: Money (billy Growing Up) (volume 7) [Paperback]

Money is essential because it is the means by which we obtain those things we both need and want, and without money our society would not function. It is important that children learn both the purpose and value of money, and how it fits into the way they live when they become adults. Parents take care of their childrens financial needs until they leave education, but from then on a child needs to be able to be independent financially. It is sometimes a painful lesson because whilst they dont have to worry about money, they can be easily misled into a false sense of security. That is, food always appears on the table when theyre hungry and clothes in their cupboard or gifts on birthdays and at Christmas. However, the most important lesson a child has to learn is that these things dont appear from nowhere. Someone has to exchange their serviceswork at a jobin order to earn the money to purchase the goods. In the story Billy wants a skateboard. He doesn't understand why he just cant have it bought for him. He doesn't have to pay anything towards any other costs in the household so why does he have to participate in the cost of a toy? This age is the ideal time for a lesson in money management. However, its not an easy lesson to learn, and a slightly painful one for a child. But an understanding the value of money, and how important it is to participate in acquiring it, is a lesson that will stand any child in good stead for the rest of their life.